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6 Subscriber Reviews of The Pearly Gates
Review by scrabler, March 28, 2009
Cash Flow Heaven- “Peter the Great” sends out two low priced close in option picks on a sunday night. He gives a strike price but no specific entry price- buy in the morning best price you can get. He uses a trailing and a hard stop for risk management.
I’ve subscribed for over a month. His worst pick was recent put plays- russell 2000 index and semiholders index. Market was up 400 that monday. At the end of the day he sent an e-mail, saying if the market looks like it may go the wrong way don’t trade. How about an alert after the market opens? He also uses straddles. Profit % is based on buying at low selling at high, or when trailing stop is hit. not realistic.
Review by scrabler, April 23, 2009
THE Pearly Gates -a follow up. I have subscribed for three months and made money. Peter The Great gives two close in option plays a week, and detailed chart of the market action. I’ve used a 25-30% percent profit goal, and some scaleing in. Peter uses a profit target and trailing stop. No defined buy price. The negative,follow up is on a weekly basis,not daily. The positive high percentage of short term winners- called the upturn in Amazon, $99 a month,probably one of the best services
Review by OL, June 17, 2009
USed it for a couple of months, maybe not a fair amount of time to review. Anyways CFH trades calls/puts which expire very soon, next month or next to next month. Occassionally it will give options out more than 4 months. It uses stops to limit losses and trailing triggers to protect profit. In the period when i was subscribing there was a lot of volatility and a lot of their picks got stopped out. Not satisfied by performance at all.
Review by JakieP, July 20, 2009
Benn with CFH for a little over a year. Recent volatility has pushed profit percentage down but am net ahead for the year–hard to do in this market. I like the service and will likely keep it a long time. I subscribe to several other services that have not performed as well this year.
Review by scrabler, July 20, 2009
No longer a subscriber. The last two months were pretty bad, a few winners but losers wiped out gains. He gave detailed reports as why market should tank,but logic didn’t hold true for the market. Consequently,his short picks based on his logic didn’t work out. Customer service was good and cancelled promptly. Would like to see a review on the dow trader or clickcharts.
Review by Califgirl, March 12, 2010
Sounded too good to be true. Great returns (70-80% winners) but I was suspicious. I had two good wins and then almost all losses. I decided to quit the service after a couple of months.
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